Thasos launches alt-data beta program for hedge funds

Thasos, an alternative data intelligence firm that transforms real-time locations from mobile phones into objective and actionable insights, announced the launch of its real-time foot traffic product, QStreams. Developed specifically for quantitative hedge funds, QStreams is the most comprehensive dataset available that is based on high-quality mobile phone location data. Thasos has partnered with Battle of the Quants to make QStreams available free of charge for a limited time via an exclusive beta program starting May 21, 2019.

A superset of Thasos products, QStreams provides subscribers with daily customer visitation and other fundamental metrics for every individual store, restaurant, factory, or other location owned or operated by more than 480 companies — over 600,000 properties across the United States — with nearly four years of history. While the product covers companies in every sector — from Walmart and Chipotle to Tesla and Campbell’s Soup — the retail and REIT segments represent every US public company with more than $50 million in market capitalization and a meaningful brick-and-mortar presence.

QStreams and other Thasos products derive information from real-time data available for measuring and forecasting economic activity across business sectors: geolocation information from over five billion phones worldwide. “Mobile data has a well-justified reputation for being noisy and challenging to work with, but that’s precisely what makes QStreams so novel — the combined level of quality and coverage is unprecedented,” said John Collins, Thasos co-Founder and chief product officer. “By partnering with Battle of the Quants and allowing fund managers to help shape the product through the beta program, we’re offering the first data product built by quants for quants.”

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